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Sep 30, 2021
Americold Q3 2021 Earnings Report
Americold's financial performance saw revenue growth, offset by the impact of supply chain disruptions and increased operating expenses.
Key Takeaways
Americold Realty Trust reported a 42.5% increase in total revenue to $708.8 million for the third quarter of 2021. Net income was $5.3 million, or $0.02 per diluted share. The company maintained its 2021 annual AFFO guidance of $1.15 - $1.20 per share.
Total revenue increased by 42.5% to $708.8 million.
Net income reached $5.3 million, or $0.02 per diluted common share.
Global Warehouse segment revenue increased by 39.7% to $542.0 million.
AFFO was reported as $69.6 million, or $0.27 per diluted common share.
Americold
Americold
Americold Revenue by Segment
Forward Guidance
The Company’s annual AFFO per share guidance remains $1.15 - $1.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income